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The Big Bank Bailout Bill H.R. 4173 and the Committee for Truth in Politics

by | 12:34 pm, February 8, 2010

You may have seen an this ad recently in Colorado (video and audio is bad)

Is the ad as FactCheck.org claims misleading? Technically, H.R. 4173 does give the Federal Reserve the ability to spend up to 4 trillion dollars as Bloomberg columnist David Reilly notes:
It authorizes Federal Reserve banks to provide as much as $4 trillion in emergency funding the next time…

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